Find & Apply For Healthcare Administrator Jobs in Hillsboro, Illinois

Growing hospital is looking for an industry experienced Billing Manager. This person will Plan, organize, direct, and supervise the daily operations of the Business Office.

ESSENTIAL DUTIES AND RESPONSIBILITIES

• Manages and consistently works to improve the operations Data processing, Accounts Receivable, Patient Billing, Utilization Review and Cash Collections areas.
• Maintains appropriate internal control safeguards over: o accounts receivable records o collection of cash. o Unbilled outstanding days in AR
• Manages and improves the timeliness and quality of information flow between other departments and the Business Office, to ensure the timely and accurate submission of claims.
• Works to consistently improve the number of outstanding Net Days in Accounts Receivables in order to meet goals as established in consultation with Revenue Cycle Director.

Reports as needed on:

o Bad Debt Expense as a percent of gross revenue o Accounts Receivable, by each 30 day bucket o Unbilled Claims o Clean Claim rate o Aged Trial Balance reports

• Updates and monitors credit, charity, discount and collection policies to ensure fair and consistent application to all patients in accordance with regulations.
• Maintains relationships and monitors third party payers, vendors and contractors.
• Is a back up for submission to Compdata by due dates.
• Reviews and approves all claim submission procedures for all payers.
• Supervise and assist, as needed, in monthly close duties.
• Member of corporate compliance committee and works with committee to ensure compliance in charging, billing and collections procedures.
• Reviews and approves all refunds prior to payment. Ensures prompt payment of patient refunds within 30 days of discovery.
• Trends all payer denials/rejections received in order to improve/minimize denial rate.
• Keeps current on all system updates as related to the Business Office. Participates in safety programs as appropriate.
• Performs other duties as assigned by Director or

CFO. SUPERVISORY RESPONSIBILITIES

This position directly supervises Business Office staff members. EDUCATION and/or

EXPERIENCE

Associate's degree required. Bachelor's degree in Business Administration or related field or five years experience in hospital billing and collection preferred. Previous management experience preferred.

Pay:

$75,000.00 - $92,000.00 per year

Benefits:

401(k) Dental insurance Health insurance Paid time off Relocation assistance

Education:

Associate (Preferred)

Experience:

hospital billing and collection: 5 years (Preferred) billing manager: 5 years (Preferred)

Work Location:

In person